£70,362
This estimated value is based upon the latest sale price for the house of £45,000 on 21 Dec 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £45,000 | 21 Dec 2007 |
| £32,000 | 6 Apr 2005 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 51 sq meters or 548 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTHUMBERLAND to estimate the market value.
When this house was purchased in December 2007 the House Price Index for NORTHUMBERLAND was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £45,000 results in an estimated price of approximately £70,362.
| 21 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £45,000 | £25,362 | £70,362 |
The Postcode Pricing Model uses changes in average sales price within the NE24 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 28.503 % | £12,826 | £57,826 |
| 3 Month Average | 18.164 % | £8,173 | £53,173 |
| 6 Month Average | 16.039 % | £7,217 | £52,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £66,014 | £65,000 | 9 ROWLEY STREET |
| 6 Apr 2023 | £56,048 | £55,000 | 2 ALDBOROUGH STREET |
| 8 Apr 2022 | £129,678 | £125,000 | 59 - 61 MIDDLETON STREET |
| 6 Apr 2022 | £114,116 | £110,000 | 1 RICHARD STREET |
| 3 Dec 2021 | £96,058 | £89,000 | 46 ALDBOROUGH STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 15 Apr 2016. Using an estimated price of £70,362 means this house is valued at £1,379 per sq meter (£128 per sq foot).
The average size of a house on ALDBOROUGH STREET is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rowley Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rowley Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Richard Street |
| Sep 2024 | Other theft | Under investigation | On or near Richard Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richard Street |